In the first quarter of 2024, global power battery installations reached 159GWh, up 22% year-on-year

According to SNE Research data, the global installed capacity of power batteries in the first quarter of 2024 was 158.8GWh, a year-on-year increase of 22.0%. Among them, CATL ranked first in the world with an installed capacity of 60.1GWh, and BYD ranked second in the world with an installed capacity of 22.7GWh.